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Fourier Trend Energy (Prototype)

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Fourier Trend Energy (Prototype)
This indicator brings the logic of Fourier-based trend analysis into Pine Script.
It estimates two key components:

Low-Frequency Energy โ€” representing the strength of the underlying trend

High-Frequency Energy โ€” representing noise, volatility, or deviation from the trend

๐Ÿ”น Green line โ†’ trend strength
๐Ÿ”ธ Orange line โ†’ short-term noise
๐ŸŸฉ๐ŸŸฅ Background color โ†’ shows whether trend energy is increasing or decreasing

You can use it to:
Detect early trend formation
Filter fakeouts during consolidation
Spot momentum shifts based on energy crossovers

This is not a traditional oscillator โ€” itโ€™s a frequency-inspired tool to help you understand when the market is charging for a move.

Penafian

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